Rippleanalysis
XRP Ready to Bounce!!XRP has been performing well as of late but recently we have been feeling the bearish pressure along with the majority of the market but we are now starting to look bullish and i could see us getting a much needed bounce coming up soon. We are currently at a massive intersection of very strong support levels, we have uptrend support, downtrend resistance that has flipped to support and then aswell as 2 horizontal levels all packed together in a very small area. I think that it is very likely we see XRP make a move after bouncing off these levels and it would honestly take an immense amount of bearish pressure to push us below all of these supports and since we have been on the downside for quite some time now i don't believe the bears have any fuel left especially for a push down like this. Taking a look at the bollinger bands we aren't in a very ideal spot we are just slightly above the bottom band and as you all know grabbing onto this band could definitely trigger a big move to the downside but honestly i don't see this happening for XRP right now the bearish momentum is continuing to fade and its unlikely we will see a close ontop of this bottom band. Looking at the fading bear momentum on the MACD, we are looking solid on the histogram we are seeing a very flat set of bars and even slightly decreasing, this is a very positive sign for XRP and we are slowly but surely moving towards a bullish cross, the MA's are spread out a bit but we are starting to see them travel towards eachother and thats exactly what we want, the decreasing red bars on the histogram is definitely the most important part though. Now the Wavetrend indicator, we have seen a heavy push to the downside recently but we are now seeing some positive signs, we are beginning to see upwards movement coming from the wave and we could be looking at our next upside wave as we are getting pretty close to a reversal, keep in mind this indicator doesn't usually make jagged moves so once we get the confirmed upside wave it should be a fairly large one that could push us back into the upper zone! Not financial advice just my opinion!
XRP Explosive move on the way!!XRP has been moving great especially considering the suppression by the SEC almost all major exchanges have delisted XRP for the time being keeping thousands of investors out and yet we are still showing incredible strength, cant imagine the day XRP gets relisted across multiple major exchanges and comes out on top of the SEC, there will be a tsunami of FOMO when that day comes and i couldn't be more excited! We just had our daily close and we have successfully retaken the 0.5 FIB level, however i do expect a retest at some point, maybe not though because we are looking very very strong right now, we have quite the amount of room to move up especially to the R2 Resistance level. Looking at the bollinger bands we are flying up the top band and if we can hold todays daily candle going into tomorrows daily close we are looking at a very explosive move to the upside with tons of bullish momentum! The EMA Ribbons are starting to open up aswell which is a very good sign, this indicator is a very slow mover and usually takes a long time to flip either bullish or bearish so we are in a very good spot right now, we want to see these ribbons continue to open up creating a ton of bullish momentum. We are still very tight right now like not even close to being fully spread out and opened and once we see these ribbons open up more and more the more explosive upside we are going to have, we will likely be seeing them pushing almost straight up boosting price action driving us to the upside with the momentum! Not financial advice just my opinion!
XRP Price Prediction: XRP Struggles At $1.1
XRP price struggles to sustain around $1.1 amid bearish calls that risk another drop to $0.92.
The US SEC maintains that the DPP protects its internal documents, and therefore Ripple has no right to request access.
Ripple is dancing around $1 after plunging from a September high of $1.4 and testing support at $0.92. The international money transfer token has not made significant progress since regaining ground above $1. A barrier at $1.14 proves an uphill battle to the bulls, who seem to have resorted to playing defense at $1.1.
XRP Price Downside Not Exhausted
Ripple price did not bottom following the drop to $0.92. Hence, bulls lack the momentum to take on the hurdles at $1.14 and $1.2, respectively. The general technical picture enhances the bearish outlook in the market, implying that XRP could correct further before a formidable recovery comes into the picture.
The Moving Average Convergence Divergence (MACD) indicator displays a bearish signal on the daily chart. The call to sell XRP first appeared on August 24 and was later reinforced on September 6. With the MACD moving into the negative region, Ripple is bound to explore lower levels at $1 and toward $0.92.
Meanwhile, all is not lost for the bulls when the 50-day Simple Moving Average (SMA) is considered. This moving average played a crucial role in halting the declines last week, allowing buyers to retake control. If it remains in place and unbroken, Ripple will have the chance to fight for gains back to $1.4 without having to drop to $0.92 first.
The SEC Deals Ripple A Blow In The Lawsuit
A lawsuit seeking to categorize XRP as a security token continues to drag on in the US courts. Ripple is currently requesting access to internal documents from the Securities and Exchange Commission (SEC) to develop a wholesome defense.
However, in a letter to Judge Sarah Netburn, the SEC claims that all the documents are privileged and protected by the deliberative process privilege (DPP). The letter states in detail:
“Many are also protected by the attorney-client privilege and the work product doctrine. The compelled release of the SEC’s predecisional deliberations relating to digital assets would discourage meaningful deliberation among SEC officials and staff relating to investigations, potential cases, and other regulatory activities taken or under consideration in a field where regulation carries significant consequences for the financial markets.”
The SEC continued:
“The Court should not pierce the SEC’s DPP and other privileges, particularly when the documents are irrelevant to Defendants’ proffered defense,” the agency continued, adding that “piercing the government’s privilege as a litigant over materials prepared in advance of litigation would be extraordinary and inappropriate.”
With the SEC taking a stand against supplying privileged documents, Ripple will likely file a motion to oppose the regulator’s letter on September 28. Nonetheless, Judge Netburn is expected to conduct an in-camera review of the SEC’s internal documents while considering the defendants and the plaintiff’s arguments on the DPP.
XRP Explosive move on the way!!?Taking a look at the XRPBTC pair as i said last time we look like we are repeating the big run up we had in early April, notice on both of the white circles we see long flat price action with our bollinger bands squeezing down hard onto us, these two stretches of price action looks very very similar so i took the fractal of when we ran up the first time and placed it on our current spot and already we are looking like we are following it, if this all follows along like i have it drawn out we can expect an atleast high of 0.00004730 SATS with a upswing of about 150%! The bollinger bands after volatility shrinking and bands squeezing down on us seem to have exploded to the upside just like we saw previously, we are currently riding the top band of the BB's and its only about the second candle of doing so, if we see this continue we could see multiple more candles ride up the top band brining us very nice gains. The MACD looks great with our histogram putting out bigger green bars and looking to have another bullish cycle, our Blue MA is pointing upwards and seems to be leaving the orange behind, the more and more separation of the MA's we see the more momentum and lesser chance of us getting a bearish cross for the time being. The RSI is just reaching the overbought zone but if momentum keeps going we could see the RSI hangout here for a bit more than likely till we see the little cooloff shown in the fractal, the biggest key here is that we have shot right through the RSI midline which will now act as support but more importantly we are in a confirmed uptrend if we can continue to hold this level! Very bullish on XRP it is a very solid and great project and even while the SEC is suppressing XRP we are still showing great strength, think about when the time comes that XRP is fully relisted across all major exchanges, that will bring a tsunami of momentum and also even just the relisting on coinbase will bring the famous "coinbase" pump, better to be in before that happens, Not financial advice just my opinion!!
XRP Double Bottom & Ready for Takeoff!XRP has been showing some nice strength recently even while being suppressed by the SEC, and if you think about it most average investors can't even buy XRP anymore which definitely hurts price action but none the less we seem to be getting some great momentum. XRP has rallied off of a double bottom and it looks like we are just getting started! We have smashed through key resistances like the red resistance line at almost 0.81 cents and we have passed both key pivot points, we are now faced with the R1 resistance we seem to be getting a little bit stuck here but we are slowly still making our way up! Looking at the bollinger bands todays candle has really been grabbing onto the top band and if we see a continuation of this we are going to see a huge climb upwards, keep in mind BTC is always a huge factor, if BTC falls the market tends to follow. A push up above this R1 resistance would place us in very bullish territory. The MACD looks absolutely fantastic with our blue MA reaching for the stars we are pushing up fast, we are starting to see good separation within the MA's which lessens the chance of us getting a bearish cross anytime soon. Looking at the histogram it looks like we could see another bullish wave coming, todays bar is of course green but has pushed up above many previous bars, definitely seeing some momentum for XRP which is very positive and i can't imagine the momentum we will gain once the SEC screws off and XRP trading is back on all major exchanges, and keep in mind if (when) the SEC's case is over XRP will be the first coin to get the famous coinbase pump twice! Not financial advice just my opinion!
Ripple is approaching sell zoneAfter the double bottom from around 0.5, XrpUsd has risen nicely, gaining almost 0.25 usd
Now the cryptocurrency is approaching 0.8 which should be a strong sell zone and technical resistance
Rallies to that zone should be sold for at least a correction to 0.7 now support
Monday: Ripple - Week 28Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Ripple D1 Analysis - ''Door Up" Open or Not?Although bullish hidden divergence and divergence have formed but it is only a divergence in one valley which indicates the increase is only temporary.
I expect the downward momentum to remain strong and will likely go to the previous fibo buy level area around 0.47562 to 0.24400 to complete the pullback.
Looking at the fundamentals of Ripple or XRP, it is one of the Altcoins that has great potential to be part of the portfolio. The price is now very low and very worth it to grab and hold for the long term.
XRP - Urgent update 😯😯Yesterday the picture looked strongly bullish and that kept me busy, in the end, it was another trap, bitcoin and all altcoins broke their local trend lines , and then we saw a market correction.
At the moment it is hard to predict the market trend, most likely the price will go to update its local lows, so I am following the market and sharing my analysis of possible market moves.
On the Ripple chart, we can see that the price fell 5%, consolidated, and once again updated the lows of the same fall. Now XRP could come back, gather liquidity higher, and go even lower!
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Friday: Ripple - Week 27Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Monday: Ripple - Week 27Hello Traders! Ripple is in a bigger correction and it keeps getting more complex, it looks like it will be a long time before the bigger uptrend/impulse will happen.
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
XRP - pay attention, there may be a better entry point here!😯The cryptocurrency market is now full of uncertainty. Ripple corrected by 7% after the recent growth, now on the chart locally you can see the wedge pattern, at the moment the price is near its lower border, if the price continues to trade near this border, it could be a signal that xrp will break it and go lower!
Probably the best entry point is when the price breaks through and tests the bottom of the wedge as resistance!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ripple is going to come in this area!😯XRP has not shown strong moves for a few days and is now trading along its trend line, slowly approaching the local top.
If the price trades near the local top, breaks it, and tests it as support, it could be a good entry point with targets higher!
Write in the comments all your questions and instrument analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Ripple- Next target 0.4?As expected, XrpUsd has broken 0.8 support and now is trading at 0.75
My outlook for the crypto market remains grossly bearish and I expect Ripple to reach 0.4 in the next wave of selling
0.8 is now resistance and rallies to that zone should be sold
Only Ripple above 1usd would put a pause on this outlook
XRP, Ripple - I don't open buy position now. I'm waiting for...Like a lot of top coins, XRP broke the resistance line. I don't like this breakout because we didn't have a big volume for it. Now isn't a good time to do something. The best way, to wait for retesting to key level 0.8437 and open buy position with a small stop-loss after it.
#Ripple #XRP #H1 waiting for retest and long around 1.5 -1.6 On 6th May of 2021, on H1 the XRP/USDT have broken the down trendline from 1.9 to lowest at 0.9
The break out point at 1.5-1.6 would turn the downtrendline into the resistance,
Trading Plan: Wait for retest at 1.5 - 1.6 then long target 1.9 Sl at 1.3